HC Deb 19 January 2000 vol 342 c446W
Mr. Gordon Prentice

To ask the Secretary of State for the Environment, Transport and the Regions how much was realised by the sale of Gleneagles Hotel. [104830]

Mr. Hill

The Gleneagles Hotel, the Caledonian Hotel (Edinburgh) and the North British Hotel (Edinburgh) were sold together by the British Railways Board in 1981 by means of a company sale. Two thirds of the shares were sold for £13.5 million and the rest were sold later for £6.1 million.